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Author:Massaro, Emily 

Discussion Paper
Did the Fed's Announcement of an Inflation Objective Influence Expectations?

Economic theory suggests that inflation expectations are a key determinant of actual inflation.
FEDS Notes , Paper 2015-06-08-2

Discussion Paper
Will Household Expectations Follow Professional Forecasters'?

In January 2012 the FOMC announced an explicit 2 percent objective for inflation as measured by the price index for Personal Consumption Expenditures (PCE).
FEDS Notes , Paper 2015-10-07

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